This document provides guidance on how to value a startup company that currently has no revenue. It discusses several valuation methods that can be used, including the Berkus Method, Scorecard Method, Venture Capital Method, First Chicago Method, and Risk Factor Summation. It also emphasizes the importance of valuation for attracting investors, customers, and talent. The document recommends focusing on presenting the company's value proposition effectively, starting sales to generate numbers and projections, developing an MVP or prototype, recruiting strong leadership, and positioning the startup in the market against competitors.